| FDUS Stock | | | USD 20.77 0.07 0.34% |
Fidus Investment financial indicator trend analysis is much more than just examining Fidus Investment Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidus Investment Corp is a good investment. Please check the relationship between Fidus Investment Cash And Short Term Investments and its Non Current Assets Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Cash And Short Term Investments vs Non Current Assets Total
Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidus Investment Corp Cash And Short Term Investments account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fidus Investment's Cash And Short Term Investments and Non Current Assets Total is 0.35. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Fidus Investment Corp, assuming nothing else is changed. The correlation between historical values of Fidus Investment's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Fidus Investment Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Fidus Investment's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Fidus Investment Corp balance sheet. This account contains Fidus Investment investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fidus Investment Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Fidus Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidus Investment Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Fidus Investment's
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 81.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Fidus Investment fundamental ratios Correlations
Click cells to compare fundamentals
Fidus Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidus Investment fundamental ratios Accounts
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Additional Tools for Fidus Stock Analysis
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